Saturday, January 10, 2015

Russia may require early repayment of the loan Ukraine three billion dollars – the Ekho Moskvy radio station

Russia may require early repayment of the loan Ukraine three billion dollars – the Ekho Moskvy radio station

This was confirmed by Finance Minister Anton Siluanov.

Ukraine, according to Siluanov, violated the terms of the Russian loan. In particular, the level of Ukrainian national debt exceeded 60% of GDP. According to “Interfax”, the minister also expressed surprise that in the budget of Ukraine funds to repay the debt is not planned. Siluanov said that Russia has every reason to demand from Kiev early repayment of the loan, but the decision has been made yet. It is a loan of $ 15 billion, which in late 2013 was still promised Viktor Yanukovych after the then President of Ukraine refused to sign an association agreement with the European Union. Moscow has invested in Eurobonds Ukraine three billion dollars, the remaining 12 have not been allocated.

Meanwhile, rating agency Fitch downgraded Russia to the lowest investment grade. Earlier it was reported that Russia ranked fifth in the list of countries where the most likely default.

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